Coca-Cola India launches 100% recycled PET bottles in the carbonated beverage category

Coca-Cola India launches 100% recycled PET bottles in the carbonated beverage category

MRC -- Beverage company Coca-Cola India has announced the launch of 100% recycled polyethylene terephthalate (rPET)-made bottles in the carbonated beverage category, said the company.

The rPET bottles for Coca Cola have been introduced in two different sizes – 250ml and 750ml. Both the packs are being manufactured by Coca-Cola bottling partners Moon Beverages and SLMG Beverages.

Excluding the caps and labels, the new bottles are entirely made using 100% food-grade rPET material.

Moon Beverages chairman Sanjeev Agarwal said: “Our new bottles made with food-grade rPET are recyclable and can become another bottle, giving it another life. Recycled PET is a big move in the right direction to embrace plastic circularity in India.”

According to Coca-Cola India, the process of recycling plastic for manufacturing these bottles is in compliance with the US Food and Drug Administration (FDA) and European Food Safety Authority (EFSA) standards for food-grade recycled material.

We remind, Coca-Cola system in Romania, formed by the companies Coca?Cola Romania and Coca?Cola HBC Romania, has installed a polyethylene terephthalate (PET) flake decontamination unit at its factory in Ploiesti, which will give it the ability to produce recycled PET (R-PET) food-grade pellet.

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BASF first to commercially produce metal-organic frameworks for carbon capture

BASF first to commercially produce metal-organic frameworks for carbon capture

MRC -- BASF is the first company to produce metal-organic frameworks (MOFs) on a production scale of several hundred tons per year, said the company.

MOFs are highly crystalline structures with nanometer-sized pores and a large surface area. This structure offers a high capacity for the storage of carbon dioxide (CO2), the dehumidification of air for room climate control, and the adsorption of the greenhouse gas methane. BASF has developed expertise on the scale-up and production of MOFs, can tailor MOFs to customers’ needs and specifications, and today has the capacity to produce customized MOFs for various applications and industries.

A first project has now been successfully completed for Canadian carbon capture and removal solutions provider Svante Technologies Inc. (Svante). The interdisciplinary BASF team of researchers, scale-up experts and engineers worked collaboratively on the scale-up by converting the Svante lab recipe into a safe plant procedure for large scale production. The MOFs produced will be used as solid sorbents for carbon capture projects. The collaboration with Svante will help to significantly reduce carbon emissions in various industrial sectors including hydrogen, pulp and paper, cement, steel, aluminum and chemicals.

“We are very happy to partner with Svante and to be able to apply our scale-up and production expertise. We are proud to be the first company to produce MOFs successfully on a large commercial scale for carbon capture. The successful effort of our teams in R&D, scale-up and production puts us in a favorable position. Today, we have access to new business opportunities with a strong focus on sustainability based on our MOF production capabilities. MOFs have the potential to be a step change in our efforts to reduce CO2 emissions and can bring our partners and their customers closer to reaching their net zero targets,” said Detlef Ruff, Senior Vice President, Process Catalysts at BASF.

We remind, BASF is to produce cathode active materials (CAM) from recycled metals in Battle Creek, Michigan, for use in lithium-ion batteries produced by Nanotech Energy. The two companies will partner with American Battery Technology Company (ABTC), a lithium-ion battery recycling company, and TODA Advanced Materials, which has experience in producing specialised CAM precursor and metal hydroxide.

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Mexico's Pemex expects to boost refining to 1.16 M bpd this year

Mexico's Pemex expects to boost refining to 1.16 M bpd this year

MRC -- Mexican state-owned oil company Pemex expects to process 1.16 million barrels of crude oil per day by the end of 2023, CEO Octavio Romero said on Monday, a goal which would represent significant growth from current refining levels, as per Hydrocarbonprocessing.

Romero said in congressional testimony that the upbeat forecast includes expected processing from the firm's six domestic refineries, its new Olmeca refinery once it comes online, plus the Houston-based Deer Park facility. He said that Pemex's crude processing would grow to 1.61 million barrels per day in 2024.

Refining more motor fuels at home has been a major policy goal of Mexican President Andres Manuel Lopez Obrador, who has dedicated large streams of public spending into Pemex's refining operations, which have historically been the company's biggest source of losses.

Lopez Obrador has argued that oil-producing Mexico should not depend on foreign suppliers for its gasoline and diesel needs.

In August, crude oil processing at Pemex's domestic refineries stood at about 797,000 barrels per day, down from last year's 816,000 bpd average.

We remind, Pemex’s production of aromatics, ethane, propylene, and sulphur fell in the first quarter, year on year, but methane output rose strongly. The rise in production of methane and its derivatives helped overall petrochemicals production to remain mostly flat, with 319,000 tonnes produced during the first quarter, down by 0.62% year on year.

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Borouge signs agreement with NPCC to supply critical materials for key energy projects in UAE

Borouge signs agreement with NPCC to supply critical materials for key energy projects in UAE

MRC -- Borouge Plc, a leading petrochemical company that provides innovative and differentiated polyolefin solutions, announced that it has signed a Memorandum of Understanding with National Petroleum Construction Company, a UAE-based Engineering, Procurement and Construction Company, said Hydrocarbonprocessing.

The two-year agreement includes a sales contract worth nearly AED60 million, wherein Borouge will supply steel pipe coating solutions to NPCC for use in infrastructure and energy projects. As part of the agreement, Borouge will also supply critical materials for major UAE energy projects, including the Borouge 4 project, ADNOC Gas’ sales gas pipeline network enhancement (ESTIDAMA) program and Maximizing Ethane Recovery and Monetization (MERAM) project, ADNOC’s Hail and Ghasha Gas Development project, and ADNOC Offshore’s Umm Lulu field.

Rainer Hoefling, Chief Executive Officer of Borouge Pte, said: “In collaboration with our strategic partner NPCC, we are supporting the growth and expansion of the UAE’s downstream and upstream sectors. Our steel-pipe coating solutions play a critical role in ensuring the resilience of natural gas pipeline networks and refining facilities. This agreement builds on our long-term partnership with NPCC and is a testament to our successful track record in enabling megaprojects locally and internationally.”

Borouge’s three-layer polyethylene steel pipe coating solutions safeguard pipelines in onshore and offshore projects, such as deep-sea gas and oil pipelines, against demanding conditions, including abrasion, mechanical impact, chemicals in the soil, environmental elements and external factors like ultraviolet radiation from sunlight during outdoor storage and extreme temperatures.

We remind, Borouge PLC, a leading petrochemical company that provides innovative and differentiated polyolefin solutions, and Borealis, one of the world’s biggest polyolefin manufacturers, announced the launch of two new sustainable polymer products for the automotive industry, in line with both companies’ sustainability drive. Made from up to 70% recycled materials, these are the first sustainable products developed at Borouge’s Compounding Manufacturing Plant (CMP) located in Shanghai, China, which recently received ISO 14067 certification for carbon footprint assessment.

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OMV Europe PE margin down year on year

OMV Europe PE margin down year on year

MRC -- OMV’s polyethylene (PE) indicator margin for Europe stood at €308/tonne in Q3 2023 versus €312/tonne in Q3 2022 and €320/tonne in Q2 2023, said the Austrian oil, gas and petrochemical group.

For the polypropylene (PP) indicator margin for Europe, the figures were €330/tonne, €357/tonne and €372/tonne, respectively.

For the propylene indicator margin for Europe, the figures were €330/tonne, €574/tonne and €459/tonne, respectively.

For the ethylene indicator margin for Europe, the figures were €455/tonne, €614/tonne and €567/tonne, respectively.

Also in the trading statement, the company put its European refining margin indicator (based on Brent crude) for the third quarter at $14.05/bbl compared with $14.38/bbl in the third quarter a year ago and $7.59 cents/barrel in the second quarter of this year.

We remind, Wood has signed a collaboration agreement with OMV for the commercial licensing of its innovative plastic recycling technology, ReOil. This agreement will support significant advancements in chemical-based plastic recycling, helping to build a circular economy solution for end-of-life plastics that would otherwise be sent to landfill or waste incineration.

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